Russian Ministry of Finance has defined the procedure for tax accounting foreigners

On December 26, 2010 was entered into force the order of Ministry of Finance N 129n of 21.10.2010 "On Approval of features of the account with the tax authorities of natural persons - foreign citizens except of individual entrepreneurs."

The document describes in detail new tax accounting procedure for: a foreign citizen at the place of sojourn, a foreign worker at the place of residence, a foreign citizen at the location of his real property or vehicle in the Russian Federation, etc.

The new order will be interesting for Commercial organizations, especially in the case of obtaining of work permits for highly qualified foreign professionals. Under the new order, a person must register with the tax records, and employers are required to notify the Federal Migration Service within 30 days of receipt of a work permit.